Egypt’s Social Solidarity Minister Ghada Wali and Communications and Information Technology (CIT) Amr Talaat launched on Tuesday “Wazefa Tech” initiative under the motto “Learn today and pay tomorrow” that will offer a three-month training programme to enhance the skills of job seekers in communications and information technology sector.
The ministry selected 167 young interns, including 91 from Cairo, 14 from Alexandria and 15 from Upper Egypt governorates, in the programme’s first batch.
Wali pointed out that Nasser Bank will offer flexible zero-interest loans guaranteed by the Ministry of Telecommunications for the young interns to pay the programme’s fees, which will be repaid later through the interns’ job salaries within a repayment period of three years.
She mentioned that the government would offer 100 million pounds to fund the initiative.
Meanwhile, Talaat said in December that the CIT sector contributed 3.1 percent to Egypt’s GDP this year.
He pointed to the ministry’s efforts in investing in building youth capacities and providing excellent job opportunities by providing training programs aimed at reaching 20,000 young people in the coming three years using direct training methods and digital platforms.
Source: Al-Masry Al-Youm